and i don't see it as a tax increase. taxes are going up under current law. i -- if pif i could stop them from going up for everyone i would. it takes a democratic senate, a democrat president to cooperate. it makes sense to save the maximum of taxpayers. that's not a tax increase, that's making perm what are temporary tax cuts for the overwhelming majority of americans. >> if there isn't a deal on fiscal cliff or if it's narrow, if it covers the bare minimum and there's a lot of issues still to be worked out, there's been a lot of disagreement about what that means in the short term, just say through january or february. do you think it would be catastrophic? do you think that there -- >> it's not -- >> it's been overstated? >> it's not catastrophic. but i think the failure to reach a larger deal will be something democrats look back and regret. once the revenue issue's taken care of -- and it will be taken care of quickly -- we're on to the real issues where we have leverage and they don't, that's spending and entitlement issues. there's a sequester itself,